BuzzFeed, Inc. (NASDAQ:BZFDW) Short Interest Up 238.0% in July

BuzzFeed, Inc. (NASDAQ:BZFDW) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 21,567 shares, an increase of 238.0% from the June 30th total of 6,380 shares. Based on an average daily trading volume, of 24,413 shares, the days-to-cover ratio is currently 0.9 days.

BuzzFeed Stock Up 9.4%

Shares of BZFDW stock traded up $0.00 during mid-day trading on Monday, reaching $0.02. 14,667 shares of the company were exchanged, compared to its average volume of 56,710. The business’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.02. BuzzFeed has a fifty-two week low of $0.01 and a fifty-two week high of $0.11.

BuzzFeed Company Profile

BuzzFeed, Inc is a global digital media and entertainment company founded in 2006 by Jonah Peretti and John S. Johnson III. The firm operates a diversified portfolio of content channels that span news, pop culture, lifestyle, and social video. Through its flagship website and mobile applications, BuzzFeed reaches audiences with a blend of editorially driven journalism, user-generated content formats, and viral quizzes.

The company’s offerings encompass several branded divisions including BuzzFeed News, which delivers investigative journalism and breaking news; Tasty, a food and recipe network; and various entertainment franchises such as original video series and personality-driven channels.